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Basket Trading EA

  • #1,541
  • Jan 7, 2014 9:45pm Jan 7, 2014 9:45pm
S/L as per my friend (experience) and my own experience should be 500pips..
you can reduce it depends on your own trading style.
best direction you may get from 15min, 30MIN with 60MIN ( these time frames are also best for Supply & Demand zones)
with supply and demand session open lines are highly recommend.
  • #1,542
  • Jan 7, 2014 9:58pm Jan 7, 2014 9:58pm
Quoting fx.jurij
???Can we create OFFLINE CHART as mix of REGULAR & INVERSE PAIRS??? Can someone adjust the code that for inverse pair just assign minus in front of the pair. Example: EURUSD, -EURJPY basket which would create OFFLINE CHART (inversed USDJPY)

it may not be help & work as you think....
why? its work like a mirror.. you will get exact same reflection on opposite chart.
  • #1,543
  • Edited Jan 8, 2014 5:49pm Jan 7, 2014 11:06pm | Edited Jan 8, 2014 5:49pm
Quoting seller9
One thing I forgot to mention, in version 11 I changed the way the commission is figured into the P/L, so for those of you that have a Broker commission, let me know if the P/L is now correct.
The P/L of version 11 is correct, it is exactly the same as MT4 's P/L.

Basket_Create_v1 indicator is very good in common price scale. Could we have MaxBars option?

Thank you for your great work and sharing.
  • #1,544
  • Jan 8, 2014 1:24am Jan 8, 2014 1:24am
Quoting hukam
{quote} it may not be help & work as you think.... why? its work like a mirror.. you will get exact same reflection on opposite chart.
Look at two charts: EURUSD shift UP from 1.36000 to 1.37000
and USDEUR shift DOWN from 0.735294 to 0.729927 <<<<< (1/1.37000 = 0.729927)

By inversing the EURUSD price action you get second chart which instead UP will move DOWN (but represent exactly same value € vs $).
  • #1,545
  • Edited 2:42am Jan 8, 2014 2:13am | Edited 2:42am
Quoting fx.jurij
{quote} Look at two charts: EURUSD shift UP from 1.36000 to 1.37000 and USDEUR shift DOWN from 0.735294 to 0.729927 <<<<< (1/1.37000 = 0.729927) By inversing the EURUSD price action you get second chart which instead UP will move DOWN (but represent exactly same value € vs $).

on ff we have indicator for this job.. and please post the results.
or you may do it with index... indicator which i had posted above..
// EURUSD in one indicator //
// & -EURUSD in second indicator// do this changes inside the indicator..
  • #1,546
  • Jan 8, 2014 2:57am Jan 8, 2014 2:57am
Quoting hukam
some important things related to basket.. basket moves 100, 200 pips in ranging time... its max (don't expect much) basket moves 300 to 500 pips during trending time.. so its simple KIS formula stick to max 200pips in ranging market, and 500 pips during trending period. if you miss the ship, not run behind it price will move back to LL or HH wait for it, and let it go to its way. .. //basket start with after nyc time and close with nyc time.. its following a complete circle. //basket star with aisa time close near aisa time or target to your max...

Hukam,

LL and HH you mentioned are referring to lower low and higher high?
if not, pls explain.
tks.
  • #1,547
  • Jan 8, 2014 3:47am Jan 8, 2014 3:47am
Quoting hukam
index.. it may be help to know which group or basket we should have to trade... //overall BT CS is better, but if still someone like to go through long long way.. then go head, or may be some one bring good idea on the table to code something new, so try it// ideas and source code is represented by adamp, thanks to him. {file}
according to USD Index[1].mq4

can you explain the how/where those numbers with bunch of decimal come from?
And explain the logic how this the price power by some random numbers work?
Inserted Code
      ExtMapBuffer1[i] = 50.14348112 * MathPow(eurusd,-0.576) * MathPow(usdjpy,0.136) * MathPow(gbpusd,-0.119) * MathPow(usdcad,0.091) * MathPow(usdsek,0.042) * MathPow(usdchf,0.036);
Holy grail, pls pm
  • #1,548
  • Jan 8, 2014 4:13am Jan 8, 2014 4:13am
Quoting iamgotzaa
{quote} according to USD Index[1].mq4 can you explain the how/where those numbers with bunch of decimal come from? And explain the logic how this the price power by some random numbers work? ExtMapBuffer1 = 50.14348112 * MathPow(eurusd,-0.576) * MathPow(usdjpy,0.136) * MathPow(gbpusd,-0.119) * MathPow(usdcad,0.091) * MathPow(usdsek,0.042) * MathPow(usdchf,0.036);
This is weighting machine formulation which he used to create the index.
  • #1,549
  • Edited 5:40am Jan 8, 2014 5:04am | Edited 5:40am
Quoting hukam
{quote} on ff we have indicator for this job.. and please post the results. or you may do it with index... indicator which i had posted above.. // EURUSD in one indicator // // & -EURUSD in second indicator// do this changes inside the indicator..
Q1: Is this referred to USD Index[1].mq4? Or which one? Tnx 4 help.

Q2: Will indicator (referred by you) enable me to do OFFLINE CHART for basket of 6 where i sell and buy 3 yen denominated currencies simultaneity (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)?

Q3: Will indicator suggested by you translate eurjpy, audjpy, cadjpy into 1/usdjpy,1/eurjpy, 1/audjpy and sereve basket of 6 OFFLINE as price feed????

Q4: Will I see basket of 6 OFFLINE CHART as integral picture of (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)? Currently that's not possible by "create basket" indicator which enable us to set basket of 6 OFFLINE CHART just this way (Buy EURJPY, AUDJPY, CADJPY, GBPJPY, NZDJPY, USDJPY)?

BIG REQUEST to anyone
Can someone adjust "BasketCreateV1.ex4" code in a way that gives you option about OFFLINE CHART basket price feed. Either you chose basket (EURJPY, USDJPY - this currently possible) or (1/EURJPY , USDJPY - currently not possible to chose which is base currency in the pair).

These two basket offline charts would look different because second basket canceled JPY out (1/EURJPY is same as JPYEUR). Therefore second basket has (JPYEUR, USDJPY) offline price feed. JPY is base with EUR and denominated with USD and therefore cancel itself (jpy/jpy) out. First basket (EURJPY, USDJPY) is yen biased - yen sensitive!!

VISION:
The offline chart setting procedure would remain same (for example you enter #C5# as basket name and ......with only difference that C5 TEXTFILE whithin Files Folder could be adjusted from default EURJPY GBPJPY NZDUSD GBPUSD AUDJPY to maybe EURJPY,GBPJPY, NZDUSD,-GBPUSD, -AUDJPY and recognized by OFFLINE CHART as EURJPY, GBPJPY, NZDUSD, 1/GBPUSD, 1/AUDJPY.
Attached File(s)
File Type: ex4 Basket_Create_v1.ex4   10 KB | 341 downloads
  • #1,550
  • Jan 8, 2014 5:16am Jan 8, 2014 5:16am
EUR7 breakout today!!

15min TF
SELL 0.2lot/trade - demo
Entry manual: 10:28 (GMT)
duration: 22min
Exit automated: 10:50 (GMT)
Pips: 81

OFFLINE CHART are gr8 i just need someone to adjust the code as stated in post 1549. Many thanks to Seller9 and all participants!!

Rgs Fx.Jurij
Attached Image (click to enlarge)
Click to Enlarge Name: #eur7#07m15.png Size: 51 KB
  • #1,551
  • Jan 8, 2014 6:19am Jan 8, 2014 6:19am
Quoting fx.jurij
EUR7 breakout today!! 15min TF SELL 0.2lot/trade - demo Entry manual: 10:28 (GMT) duration: 22min Exit automated: 10:50 (GMT) Pips: 81 OFFLINE CHART are gr8 i just need someone to adjust the code as stated in post 1549. Many thanks to Seller9 and all participants!! Rgs Fx.Jurij {image}
FXJ...

Well done indeed. See you are learning eagle85's way of trading. Keep it up and post your results as it seems this style is good for ranging markets.

I guess you are watching a few Baskets like eagle85 does, what are your other BASKETS pairs please.

What was your SL please and do you WATCH all your BASKETS all the time for set ups?

Keep winning.
Born to rule my Economic World and Make a Difference!
  • #1,552
  • Jan 8, 2014 8:56am Jan 8, 2014 8:56am
Quoting fx.jurij
EUR7 breakout today!! 15min TF SELL 0.2lot/trade - demo Entry manual: 10:28 (GMT) duration: 22min Exit automated: 10:50 (GMT) Pips: 81 OFFLINE CHART are gr8 i just need someone to adjust the code as stated in post 1549. Many thanks to Seller9 and all participants!! Rgs Fx.Jurij {image}
Congratulations.
Well done.

//////////
  • #1,553
  • Jan 8, 2014 9:48am Jan 8, 2014 9:48am
Quoting rixon227
{quote} Hukam, LL and HH you mentioned are referring to lower low and higher high? if not, pls explain. tks.

  • #1,554
  • Jan 8, 2014 5:13pm Jan 8, 2014 5:13pm
Hello Seller9,

Thanks for the information you shared taking the concept of Basket Trading this far with success,

I have seen your recent posts on Page 1 and downloaded the V11 and installed, and running fine, just have a couple of questions if you please clarify them,

1:

i opened the 5 pairs offline charted and trades long manually, and market went against me i mean i was in almost 30$ minus, therefore i decided to go long again so i tried to open long trades manual again, but got this message "Buy Trade (Magic #) opened 5 trades sent" but it did not opened any new trades, whereas on the chart it got the arrow and yellow vertical line showing that trades are opened here. Please note that i tried this when (Take only one Trade = False, and open one trade per candle = true). Can you please explain how can i open trades again n again on the same chart, without closing the one already running?

2:

and also it stopped the current P/L-+ on the chart which was showing before.


Regards
  • #1,555
  • Jan 8, 2014 5:52pm Jan 8, 2014 5:52pm
Quoting fx.jurij
{quote} Q1: Is this referred to USD Index[1].mq4? Or which one? Tnx 4 help. Q2: Will indicator (referred by you) enable me to do OFFLINE CHART for basket of 6 where i sell and buy 3 yen denominated currencies simultaneity (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)? Q3: Will indicator suggested by you translate eurjpy, audjpy, cadjpy into 1/usdjpy,1/eurjpy, 1/audjpy and sereve basket of 6 OFFLINE as price feed???? Q4: Will I see basket of 6 OFFLINE...

==
Q1: Is this referred to USD Index[1].mq4? Or which one? Tnx 4 help....
//yes


Q2: Will indicator (referred by you) enable me to do OFFLINE CHART for basket of 6 where i sell and buy 3 yen denominated currencies simultaneity (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)?
//i don't refer Group pairs to anyone, its only for professional like TAB63, and many more.


Q3: Will indicator suggested by you translate eurjpy, audjpy, cadjpy into 1/usdjpy,1/eurjpy, 1/audjpy and sereve basket of 6 OFFLINE as price feed????
// if you don't want to do research on it, then you will not know what you are saying, USD index Reverse can do your job easy, and i think its posted by same user on FF


Q4: Will I see basket of 6 OFFLINE CHART as integral picture of (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)? Currently that's not possible by "create basket" indicator which enable us to set basket of 6 OFFLINE CHART just this way (Buy EURJPY, AUDJPY, CADJPY, GBPJPY, NZDJPY, USDJPY)?
//yes old one have this problem.. i think you must be stick to latest one. V1
  • #1,556
  • Jan 8, 2014 5:58pm Jan 8, 2014 5:58pm
Hey sellar...I have Traders Way Meta Trader..I just wanted to let you know that my P/L is matching the EA now..Thanks for that fix....

Jimmy
  • #1,557
  • Jan 8, 2014 11:54pm Jan 8, 2014 11:54pm
Quoting hukam
{quote} == Q1: Is this referred to USD Index[1].mq4? Or which one? Tnx 4 help.... //yes Q2: Will indicator (referred by you) enable me to do OFFLINE CHART for basket of 6 where i sell and buy 3 yen denominated currencies simultaneity (Sell EURJPY, AUDJPY, CADJPY & buy GBPJPY, NZDJPY, USDJPY)? //i don't refer Group pairs to anyone, its only for professional like TAB63, and many more. Q3: Will indicator suggested by you translate eurjpy, audjpy, cadjpy into 1/usdjpy,1/eurjpy, 1/audjpy and sereve basket of 6 OFFLINE as price feed???? // if you don't...
Many thanks 4 kind reply!
  • #1,558
  • Jan 9, 2014 3:36am Jan 9, 2014 3:36am
Hello Sellers9, Very nice system, a mountain of work to build it all, im testing now, and so far going good.
  • #1,559
  • Jan 9, 2014 4:38am Jan 9, 2014 4:38am
Quoting fx.jurij
{quote} Many thanks 4 kind reply!

you are welcome
  • #1,560
  • Jan 9, 2014 5:01am Jan 9, 2014 5:01am
15min TF
BUY 0.2lot/trade - demo
SL= 90, TP=110
Entry manual: 5:48 (GMT)
duration: 2:17h
Exit automated: 9:05 (GMT)
Pips: 79

OFFLINE CHART are gr8 i just need someone to adjust the code as stated in post 1549. Many thanks to Seller9 and all participants!!

Rgs Fx.Jurij
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #eur7#07m151.png Size: 66 KB
Click to Enlarge Name: #eur7#07m152.png Size: 59 KB
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